Definition of Income

In a general sense income is the earning or receiving of money or a similar benefit during the tax year. For tax purposes the following definition is applicable -

means the amount remaining of the gross income of any person for any year or period of assessment after deducting therefrom any amounts exempt from normal tax under Part I of Chapter II;

TaxTim is FREE for all Momentum & Multiply members.

Use your ID number at the payment step to claim your free TaxTim voucher

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Get started FREE